Philippines - Shampoos, Hair Lacquers And Other Preparations - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Philippines - Shampoos, Hair Lacquers And Other Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Price for Shampoo, Hair Lacquer and Other Preparations in the Philippines - 2023

Contents:

  1. Price for Shampoo, Hair Lacquer and Other Preparations in the Philippines (CIF) - 2023
  2. Price for Shampoo, Hair Lacquer and Other Preparations in the Philippines (FOB) - 2023
  3. Imports of Shampoo, Hair Lacquer and Other Preparations in the Philippines
  4. Exports of Shampoo, Hair Lacquer and Other Preparations in the Philippines

Price for Shampoo, Hair Lacquer and Other Preparations in the Philippines (CIF) - 2023

In September 2023, the average import price for shampoos, hair lacquers and other preparations amounted to $3,952 per ton, falling by -3.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 29% m-o-m. Over the period under review, average import prices reached the peak figure at $4,280 per ton in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($4,894 per ton), while the price for China ($1,768 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Shampoo, Hair Lacquer and Other Preparations in the Philippines (FOB) - 2023

In September 2023, the average export price for shampoos, hair lacquers and other preparations amounted to $5,131 per ton, with a decrease of -7.5% against the previous month. Over the period under review, export price indicated a measured increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for shampoos, hair lacquers and other preparations increased by +23.4% against June 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 59% against the previous month. As a result, the export price attained the peak level of $6,967 per ton. From June 2023 to September 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($37,308 per ton), while the average price for exports to Kuwait ($1,303 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoo, Hair Lacquer and Other Preparations in the Philippines

In 2022, approx. 53K tons of shampoos, hair lacquers and other preparations were imported into the Philippines; approximately equating 2021 figures. In general, imports, however, continue to indicate a mild setback. The growth pace was the most rapid in 2021 when imports increased by 4.5% against the previous year.

In value terms, imports of shampoos, hair lacquers and other preparations rose slightly to $200M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Shampoo, Hair Lacquer and Other Preparations in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1351351511421.7%
Indonesia16.518.220.824.213.6%
China11.49.09.915.911.7%
Malaysia4.86.56.66.611.2%
United States4.83.12.84.7-0.7%
Others7.65.05.47.1-2.2%
Total1801771972003.6%

Top Suppliers of Shampoo, Hair Lacquer and Other Preparations to the Philippines in 2022:

  1. Thailand (33.9K tons)
  2. China (7.9K tons)
  3. Indonesia (5.9K tons)
  4. United States (2.0K tons)
  5. Malaysia (1.4K tons)

Exports of Shampoo, Hair Lacquer and Other Preparations in the Philippines

Exports of shampoos, hair lacquers and other preparations from the Philippines reduced to 937 tons in 2022, with a decrease of -13.1% on the previous year. In general, exports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. As a result, the exports attained the peak of 1.1K tons, and then fell in the following year.

In value terms, exports of shampoos, hair lacquers and other preparations declined rapidly to $3.8M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of $4.7M, and then fell remarkably in the following year.

Export of Shampoo, Hair Lacquer and Other Preparations in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar92.928.0161885112.0%
United Arab Emirates3,0002,5351,234537-43.6%
United States10.056.0246460258.3%
Singapore2611241,15339514.8%
Japan18117326527314.7%
Mongolia24.963.8119200100.3%
Taiwan (Chinese)14.671.1265173128.0%
Malaysia3.115.888.8168278.4%
Canada43.968.519310232.4%
KuwaitN/AN/A9.044.0388.9%
Northern Mariana Islands0.55.839.239.6329.4%
Macao SAR1.71.10.135.4175.1%
Others21512991046429.2%
Total3,8483,2714,6833,776-0.6%

Top Export Markets for Shampoo, Hair Lacquer and Other Preparations from the Philippines in 2022:

  1. Qatar (231.7 tons)
  2. United Arab Emirates (182.0 tons)
  3. United States (135.5 tons)
  4. Mongolia (83.8 tons)
  5. Taiwan (Chinese) (61.6 tons)
  6. Singapore (36.6 tons)
  7. Japan (31.3 tons)
  8. Malaysia (29.7 tons)
  9. Kuwait (23.4 tons)
  10. Canada (16.7 tons)
  11. Northern Mariana Islands (15.2 tons)
  12. Macao SAR (14.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for shampoo, hair lacquer and other preparations in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20421630 - Shampoos
  • Prodcom 20421650 - Preparations for permanent waving or straightening of hair
  • Prodcom 20421670 - Hair lacquers
  • Prodcom 20421700 - Hair preparations (excluding shampoos, permanent waving and hair straightening preparations, lacquers)

Country coverage:

  • Philippines

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Philippines
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Shampoos, Hair Lacquers And Other Preparations - Philippines